Hindusthan National Glass & Industries Limited has informed the Exchange about the appointment of CS Akash Ghuwalewala as the Company Secretary and Compliance Officer of the Company as approved by the RP and the Directors of the Company at their meeting held today i.e. April 23, 2025
Awaiting price reaction for this filing.
Hindusthan National Glass & Industries Limited has appointed CS Akash Ghuwalewala as the new Company Secretary and Compliance Officer of the company. The appointment was approved by the Resolution Professional (RP) and the Board of Directors at a meeting held on April 23, 2025. The mention of approval by the RP suggests the company is currently undergoing the insolvency resolution process (IBC). This is a key managerial personnel (KMP) change at the compliance level, not at the board or senior management level.
This is a routine governance-level appointment and is unlikely to have any direct impact on the stock price. It does, however, confirm that the company is operating under the IBC framework with an RP in place, which shareholders should be aware of.